# Price Protection: RIL has declared Price Protection in PP wef - TopicsExpress



          

# Price Protection: RIL has declared Price Protection in PP wef 11/3/14 to 1/4/14 or next rate revision ,which ever is earlier. polymerbazaar 11/3/2014 #NEXT EXPECTED INDIAN DOMESTIC POLYMER RATE REVISION : ----------------------------------------------------------------------- #Price Prediction - wk 2nd ,March 14. #Indian Rupee opens flat at 60.84 as against Mondays close of 60.85 per dollar . Indian rupee is getting strengthen against usd and its below 61.it seems indian custom dept.will decrease $-Rs.Custom exchange rate again in days ahead which will make imports more cheaper. #PE: ------ As per available news, effecting from 10/3/14 , GAILs plants are performing shutdown, which is prolonged for at least 3 wks. In order of GAILs shutdown, buying load will be diverted to other local companies and imports, which wont allow PE grades to loose current level of domestic rate. Even global offers has came with increment this wk, which indicates stable to firm note.Buying is suggested. #Market scenario : ----------------------- Due to reversal in custom exchange rate w.e.f 7/3/14 will mk imports cheaper .In addition to poor demand,international offers are almost towards stable note. Open Market will face scarcity in PE grades, buying is suggested from company end. #PP & #PVC : ---------------- International Polymer Offers are almost reverse in PP and PVC since last 2 weeks, cumulative effect of same is again expected in domestic price reduction by local mfgrs. As per our study, March being last month of completion of MOU with principal companies, industries will be in force to procure material to meet qty.criteria. Said sentiment will give leverage to polymer mfgrs, to offer limited price cut. #For PP,PVC, PS and EVA : ------------------------------------- Demand is sluggish across country and need base buying sentiment observed. For, extra purchases wait and watch is suggested. #Price prediction for wk 2nd,March 14, is updated on site.To know , Pl.SMS FOLLOW PRICEPREDICTION To 53000 #Price * #Prediction * #Profit FOR FREE ALERTS ------------------------- #Download our android app directly Frm GooglePlay store,1st,5000 installers will get FREEAlerts of polymers news.whatsapp req@919374524365 #FREE Polymers Alerts:Just create a Group of Min.25Plastics mfgrs.,traders,dealers & related group on WHATSAPP.Send Request@919374524365 To get regular alerts send SMS, FOLLOW MumbaiMRKT to 53000 => #Pl.join us at BBM to get faster news & alerts.: ------------------------------------------------------- As whatsapp has limitations to share news to max. 50 mmbrs in single click, we hv been sharing news to more than 200 grps (created by members from many places of globe). Looking to time constraints , all whatsapp groups has been informed to shift their presence also at BBM .Now even BBM also supports android and mac system, , hence to be in touch and undated, download BBM and invite us. =>#Our BBM PIN : 7683e33d ------------------------------------- Sharing same post to all groups tks much time and news gets delayed in updating all our groups members, while at BBM , we can post and share any news, post in single click to all members. Pl.note, now onwards alerts /news may not posted here or get delayed in sharing same. polymerbazaar Info@polymerbazaar 919374524365 Price * Prediction *Profit
Posted on: Tue, 11 Mar 2014 12:50:37 +0000

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